Currently, there is a strong increase. Although on the Daily time frame, the price is still moving in a sideways phase.
However, the current condition of Bitcoin shows potential for a bounce, supporting the possibility of upward movement from the zone I have marked in previous analysis.
Key Level to consider for long positions: ⚪️Entry: 0.8464 ⚪️Stop Loss: 0.8175
If the price successfully bounces from this level, there is significant upward movement potential. ⚠️Always apply proper money management.
Guess the market price, what is the reason why BTC can drop to 80-70, where is the analysis? Now it is still stuck at MA50, even if it breaks, it will be in the 88-86 area. If it drops more than that, it will not be a correction.
wuasu tenan
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Those who are still holding BTC and have already made a profit, it's better to just sell your BTC first, there's a possibility that the price could correct deeply, maybe in the next few weeks or months BTC could return to a price of 70-80k,